BMO Capital Keeps Their Hold Rating on First National Financial (FN)


Shares of First National Financial (FN) were revisited by a Wall Street analyst yesterday. Analyst Nik Priebe from BMO Capital reiterated a Hold rating, with a C$30 price target.

According to TipRanks.com, Priebe is ranked #3924 out of 5203 analysts.

Currently, the analyst consensus on First National Financial is a Moderate Sell with an average price target of C$29.50.

Based on First National Financial’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$51.96 million. In comparison, last year the company had a net profit of C$45.67 million.

First National Financial Corp. engages in the provision of mortgage banking services. It operates through the Residential and Commercial segments. The Residential segment includes single-family residential mortgages. The Commercial segment consists of multi-unit residential and commercial mortgages.

The company’s shares closed on Monday at C$29.50, close to its 52-week high of C$29.99.

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